Hyundai LNG Shipping set for foreign takeover as IMM lines up sale to Indonesia’s Sinar Mas

South Korea’s largest LNG shipowner is heading for new ownership as private equity firm IMM is readying to sell Hyundai LNG Shipping to Indonesia’s Sinar Mas Group in a deal valued at around KRW400bn ($274m). Market sources in Korea said the IMM consortium, which controls 100% of the company, is set to sign a stock …

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